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Mar 15,2017 --Norske Skog, a global leader in production of newsprint and magazine paper, announces a price increase for all exports from Australia and New Zealand to Asian markets. The increase is necessary to address higher production and shipping costs, which has led to unsustainably low pricing in these markets. The price increase will be in the range of 5-10%, depending on the underlying cost increase applying to the relevant market and customer, and will take effect from 1 April 2017.

Oslo, 14 March 2017

Norske Skog Communications and Public Affairs

For further information:

Norske Skog media: Vice President Corporate Communication Carsten Dybevig Mob: +47 917 63 117

Norske Skog financial markets: Vice President Investor Relations Tom Rogn Mob: +47 948 55 659

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